3 Things Williams Companies Inc’s CEO Wants You to Know About Its Remarkable Transformation
Williams Companies (NYSE: WMB) and its majority-owned MLP Williams Partners (NYSE: WPZ) seemed to take a step back in the third quarter. That's because it was the first time in the last 15 quarters that Williams Partners failed to increase adjusted EBITDA, which declined $88 million to $1.101 billion.
However, one thing CEO Alan Armstrong made clear on the accompanying conference call was that the company didn't see the decline as a step back. Instead, it was all part of the significant leap forward the company has taken this year to strengthen its financial situation and growth prospects. Overall, he pointed out three things on the call that show just how far the company has come since it started on this journey.
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Source: Fool.com
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